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20121027
20121104
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.com. >> the dow is up 140 and gm i think is just moving down. what's going on with gm, please nicole? >> we continue to get the numbers on auto sales and general motors coming out with auto sales for the u.s., rose 4.7% and they also raised their year end inventory. target, reducing stocks to the down side, and gm reported a 13% drop in the third quarter profit and they've seen losses in europe and that obviously has been a continued theme. stuart: all right, nicole, thank you. >> thanks. stuart: oh, i was waiting for some animation to appear, it didn't appear so i'll launch right into my take, here we go. look, when the storm hit, i was in mississippi. the state has a terrific economic education program and i was fully engaged with some of the teachers and students so i watched sandy from a distance. i came home to new jersey yesterday, here is my take on that. i flew from jackson, mississippi to atlanta georgia, and from there to washington d.c. and that's as far as i could get my plane or train. to get to the new york area, i had to drive, and that tells you something. three days after t
voters there. >> obama took gm and chrysler into bankruptcy, and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. charles: all right guys, ford didn't take a bailout and amazing numbers, general motors in the meantime, losing market share, bogged down by the volt, bogged down by a pension, bogged down by government interference, i don't know. >> all of solvable exception the pension problem. they didn't go through a regular structured bankruptcy which is what romney said they could do. yeah, but governor romney there was no private finance, remember the financial markets were collapsing and yet if you read his op-ed and i did the other way, 2008 op-ed put it in restructured bankruptcy and then have government-- >> as a back stop. >> a lot of conservatives don't like that, but you can see what he was talking about. charles: it would have worked, i agree. >> and what's key tt bankruptcy, it would have lowered their labor costs and would have been a requirement in the bankruptcy they're at $80 an hour and now at 60 when the comp
didn't governor romney talk about benghazi? liz: a toyota or a nissan could have taken over gm and still preserved those jobs in this country instead of the government stepping in, same story with the battery maker, no. charles: let's kind of stick to this whole thing. if the president wins, he has talked about doubling down. initially doug and judge they talked about this as spending and then changed it to investing, understanding what you and i are talking about. >> the government actually claims it has an investment if this company? charles: the president says we're investing this our energy future. that's the line. we have all heard it so much that we can all kind of regurgitate it. >> that should drive your colleagues downtown crazy, why government gives away taxpayer cash or money it's borrowed from china and gives that way. charles: it should drive all americans crazy. but here's the thing, though. they continue to do it. they continue to say we're going to do this. it was an investment just like the internet was an investment just like the space program was an investmen
Search Results 0 to 2 of about 3